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PLEASE HELP! I DONT UNDERSTAND THIS ACCOUNTING CASE >> >> >> >> You are a financial manager for Halcyon Corp. Consider the following information from
PLEASE HELP! I DONT UNDERSTAND THIS ACCOUNTING CASE
>> >> >> >> You are a financial manager for Halcyon Corp. Consider the following information from ts most recent fiscal year, and read the email from your supervisor on the following tab. Per the Instructions In the email, determne the contribution margins of the Mountain, Southwest, and Pacific divisions. Prepare an incremental analysis for each division concering the decision to keep or eliminate t Prepare a new Income statement assuming the divisions that should be eliminated are eliminated. This analysis should be done in an Excel spreadsheet Your grade will be based on your answers, as well as the proper use of Excel functionality. Specifically, your solution should use cell references and formulas, rather than keyed-in values to derive ur solutions. See u instructor or o to the accounting lab f you need help doing this. In a Word document, prepare a response to your supervisor, explaining your results and your recommendations. Attach both files to the Canvas assignment space by 10:00AM on Monday, November 5. Halcyon Corporation Income Statement Fiscal Year Ended June 30, Sales Cost of goods sold Gross profit 2018 - by Division NoHheast 13520 ooo 6 480,000 4 080 ooo Mid-A tlantic 11 820 ooo 3620000 Southeast 9 ooo 4 470,000 3110000 1 360,000 Midwest 9790000 4 710,000 2710000 2 ooo,ooo Mountain 6050 ooo 2 180 ooo 230,000 Southwest 9620 ooo 3810000 (930,000 Pacific 8020 ooo 2 980,000 3510000 530,000 Total 67 850 ooo 23 Selling, general and administrative costs Net income
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